NDX : Rising Wadge (Downtrend starting)
Nasdaq 100 (NDX) is in last stage of Rising Wadge Pattern, if it closes below 20900 then a downtrend will start which gives a target of 18000 nearly.
When NDX closes below 20900 with high volume Put STOPLOSS of 21550 and enjoy the downtrend (minor pullbacks will be seen) trail your stoploss to maximize your profit.
Put Stoploss on closing basis.
(In Trading Time it may go above/below stoploss But closing price is most important).
These are levels are generated on the basis on Fibonacci Series
NOTE : I am not SEBI registered advisor in capital market.
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades. Please understand Risk in trading before taking any trade with your financial consult. I am only sharing my knowledge it may be right or sometimes wrong so I am not liable for any loss.
Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
Thank you.
When NDX closes below 20900 with high volume Put STOPLOSS of 21550 and enjoy the downtrend (minor pullbacks will be seen) trail your stoploss to maximize your profit.
Put Stoploss on closing basis.
(In Trading Time it may go above/below stoploss But closing price is most important).
These are levels are generated on the basis on Fibonacci Series
NOTE : I am not SEBI registered advisor in capital market.
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades. Please understand Risk in trading before taking any trade with your financial consult. I am only sharing my knowledge it may be right or sometimes wrong so I am not liable for any loss.
Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
Thank you.
ملاحظة
Breakdown is happening
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